Cheap Homes for Rent in the Park Place Neighborhood of Mobile, AL from $700 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in the Park Place area of Mobile.

Rent According to Income: A Look at Income-Restricted Rentals

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property at 664 Cherokee St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Now

664 Cherokee St

MobileAL36606

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Park Place, Mobile, AL Local Guide

Cheapest Available Park Place Apartments for Rent

 

The cheapest available apartment rental in the Park Place area of Mobile, AL is a 2 Beds unit found at The Flats at Midtown priced from $627. Bay Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here are the most affordable Park Place apartments for rent in Mobile, AL:

Apartment ListingModel NameBed/BathPriced From
The Flats at Midtown2 Bedroom 1 Bath2BR,1BA$627
Bay Pointe Apartments2 Bed, 1 Bath2BR,1BA$725
Old Shell CommonsMidtown1BR,1BA$810
Bel Air701sf1BR,1BA$839
Brookhaven Apartments1 BR 1 Bath1BR,1BA$879

Best Value Apartments for Rent in Park Place, AL

As of July 26, 2026 the best value apartment in the Park Place area is the $1.07 price per square foot 3 BEDROOMS 1 BATHROOM Model at Midtown Oaks Townhomes in the in the Downtown Mobile neighborhood starting from $1,395. The second greatest value Park Place apartment is the Dulcie - Carriage House Model at The Portier Midtown starting at $2,345 with a $2.51 price per square foot in the Downtown Mobile neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Midtown Oaks Townhomes3 BEDROOMS 1 BATHROOM3BR,1BA$1.07
The Portier MidtownDulcie - Carriage House1BR,1BA$2.51
The Flats at Midtown3 Bedroom3BR,1BA$1.09
Bay Pointe Apartments2 Bed, 1 Bath2BR,1BA$0.94
Ashland Park1x1 Carriage with Attached Garage1BR,1BA$2.61
Bel Air712sf1BR,1BA$1.20
Brookhaven Apartments1 BR 1 Bath1BR,1BA$1.38
Old Shell CommonsMidtown1BR,1BA$1.42
Midtown Commons ApartmentsOne Bedroom/ One Bath1BR,1BA$1.73

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about Park Place

What type of rentals are currently available in Park Place?

There are currently 80 Apartments for Rent in Park Place, AL with pricing that ranges from $709 to $13,862. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $750 to $3,200.

What is the current price range for Rental Homes in Park Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Place ranges from $750 to $3,200 with an average monthly rent of $1,400.

How much are larger Three and Four Bedroom Rentals in Park Place?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Place range from $986 to $3,921, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $3,503.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.